ETH currently has no ideal opportunities, so I have decided to focus on BTC for trading.

Currently, BTC's hourly chart has just broken through the previous high of 109738, and the short-term sentiment is somewhat bullish, but it is already approaching the previous key resistance level, making the cost-effectiveness of going long not high, and chasing long positions may easily lead to losses.

I plan to place a short order near 110400, as this position is a previous area of high trading volume and a potential resistance zone for inducing longs.

The stop-loss is set at 111000, and if it induces a short squeeze above, I will exit without resisting.

The first take-profit target is 109000, and the second target is 108300.

I will only use 5% of my account's position for a stable operation, prioritizing a high win rate. I do not seek to make a lot of profit, but I must not act recklessly.

❕❕ It is essential to have a stop-loss #BTC走势分析